Pipholic Metatrader Support and Resistance Indicator

Posted in Metatrader Indicators

This is custom metatrader4 (mt4) indicator. This mt4 indicator draws support and resistance lines based on technique I wrote on this support and resistance article. You can use it on your preferred timeframe and currency pairs.

A friend of me built this custom forex indicator for me few month ago. Before you use it, you better watch how this mt4 indicator technically works. Seems that it draws a support or resistance lines after (at least) two unsuccesful trial to break a certain price level.

support resistance

Pipholic Support and Resitance Indicator

Download here

Installation

Download and Unzip the Ex4 file
Copy the Pipholic_SR.ex4 into your Metatrader indicators directory (Mt4 -> experts ->indicators)
Start your Mt4, Open the chart window, apply the indicator from ‘Insert’ menu (Insert -> indicators -> custom -> Pipholic_SR )
that’s all

RSS Feed | Email Feed | Leave a Comment

February 4, 2008

Traders Who Read This Also Read

Links to This Post

My Journey to The Horizon :: my blog updatesk :: February :: 2008

3 Comments

#

My Journey to The Horizon :: my blog updatesk :: February :: 2008
February 10th, 2008 at 8:40 pm

[...] made a support and resistance indicators for mt4. And also answering some question came in my inbox [...]
Reply to this comment
#

tommy york
July 31st, 2009 at 1:33 pm

hey how goes it.my first time visiting your site.I noticed the signals were from 2008.I thought maybe you were not in business any more,but all the downloads still work, and I thank you for them. I need lots of help.On mql4.com there is a clock indicator that gives
local and gmt time on your screen. thanks again for the downloads,I will check in on your site again tomorrow. execute
Reply to this comment
#

Smi
November 15th, 2009 at 6:33 am

swing highs/swing lows (fractals) are highlighted perfectly..it will definitely aid in trading
thanks a lot AND God Bless
Reply to this comment